Personal Leasing
Taking advantage of a personal lease is no different to a business lease. The contract is exactly the same apart from the fact the private individual is unable to claim any of the VAT back from the rental amount which is why Lease Profiles personal contracts displayed on our site include VAT. Please read our Contract Hire page to find out more about Leasing in general. Click Here
Not all finance companies offer personal contracts so you must not assume if you come across a great business offer you will be able to take advantage of it. Always check with the broker first.
Contracts include free delivery, road tax for the duration of the contract and you can add full maintenance if you wish, which will cover all servicing, maintenance and tyres within the monthly rental giving complete peace of mind. At the end of the contract the vehicle will be collected, also free and hopefully we will supply the replacement vehicle which will be delivered on the same day.
The Benefits
Low initial outlay
Typically the finance provider will require just 3 monthly rentals to be paid in advance. This is called the Advance Rental.
No negotiating is required
Due to the economies of scale of the leasing companies buying anything from 10,000 to 30,000 vehicles per year and spending millions of pounds per year on maintenance the best deals obtainable have already been negotiated for you. Doesn’t matter if you want just one or a hundred.
Removes disposal risks and associated costs
No haggling for part exchange prices or advertising and trying to sell your car privately.
Fixed costs
Giving greater budgetary control and ability for forecast costs.
Flexible
Contract mileages can be altered part way though to cope with changing circumstances.
Your broker can seek the best deals available as they are independent and are normally not tied to one finance company.